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[TSMC approves US$40.9 billion capital budget for long-term capacity expansion] On November 10, TSMC’s board of directors approved a capital budget of approximately US$40.927 billion, which is mainly used for the installation and upgrade of advanced process capacity, advanced packaging and mature and special process capacity expansion, wafer fab construction and factory facility system installation, as well as 2027 R&D capital investment, maintenance capital expenditures and capitalized lease assets. Xiaocai's note: This is not the first time that TSMC has announced a long-term capacity investment plan, but it is a continuation of the capital budget regularly approved by the board of directors.
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